US Airways plots $1.3 billion cost cut to qualify for loan guarantees
US Airways proposes $1.3 billion in annual reductions to meet federal loan guarantee criteria after losses from the post 9 11 travel drop. Labor cuts would total $950 million with $350 million from management and suppliers. The carrier, based in Arlington, operates about 550 daily flights to 107 destinations. Executives plan union talks and meetings with employees in multiple cities as the June 28 deadline nears.
MENTIONED IN THIS ARTICLE
US Airways
Siegel
John Carr
International Association of
Washington
Laure Muccigrosso
Muccigrosso
Arlington
Charlotte- Douglas
Diane Hess
Gastonia
Hess
Celanese AG
Charlotte
Washington, D.C
Philadelphia
Pittsburgh
New York
Winston-Salem
Boston
Tampa
Orlando
Associated Press
Thomas J. Monigan
Lottery plan faces uphill battle in budget debate
Lawmakers weigh adding a lottery to ease a fiscal crisis. Critics say revenues would take time to materialize and warn it is a political gesture rather than a cure. Easley pushes a vote, while Harrington and Hoyle doubt quick payoff and warn retail gambling is not a government function.
MENTIONED IN THIS ARTICLE
Forrester
Mike Harrington
Roaston
Easley
Hoyle
Harrington
Black
Graduating seniors weigh college plans and future aims
Ashbrook and North Gaston seniors discuss goals after graduation. Some plan Air Force careers or music industry work, others pursue four year or two year degrees amid a recovering economy. Students stress education's value and worry about work while cherishing friendships.
MENTIONED IN THIS ARTICLE
San Antonio
Air Force
Ashbrook
North Gaston
Justin Clark
Tim Beam
Gastonia
The
Employment Security Commission
Gree
Roger Smartt
Gaston College
Sony
Gaston High School
Hunter Huss
Tisha Jackson
Jackson
Carolinas College of Health Science
Charlotte
Christine Cherry
Appalachian State University
Huss
Emily Scarborough
UNC Charlotte
Deedee Waddell
Andrew C. Bryant
Bryant
Joshua Lucas
Bush and Schroeder meet as protests flare in Berlin cafe
President Bush and German Chancellor Schroeder spoke of unity against global terrorism. protests erupted with about 20,000 demonstrators, some clashing with riot police near the hotel by the Brandenburg Gate, as security kept crowds in check.
MENTIONED IN THIS ARTICLE
Schroeder
Iraq
Saddam Hussein
Bush
Germany
U.S
Washington
Brandenburg Gate
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